Australian (ASX) Stock Market Forum

Dump it Here

T - is it true?
H - is it helpful?
I - is it inspiring?
N - is it necessary?
K - is it kind?
T - Try always to be Truthful. Always add the disclaimer, I may be wrong.
H - Helping others in palliative care, AIDS patients and Dementia patients when I was all but crippled with long term chronic fatigue.
I- I live to Inspire people to move beyond their situation with words of encouragement but never telling them how to live or think.
N- Never big-noting myself with adopted words of wisdom.
K- Knowledge is something all can gain with effort, investigation, study and hard work.

B - Be your Best by effort, endeavour and deep thought.
I- Take an Interest in all things, as everything interlinks.
G- Get-over-yourself, too many people trip over their own ego on the journey to success.

Having said that, I may be doing Skate a grave injustice so please don't see this as a criticism of Skate's methods or motives as I have not read all his threads. Those I have read all just ring so very, very familiar as I being an old salesperson from waaay back to the 60s.

Sorry again Skate, I know many folks here wear their ego on their sleeves but thought you were above this with all your words of wisdom. I have no doubt those who have not read all the self-improvement books from decades past may love your thread. Nothing like recycling, everything old is new again. It is all good. I loved it back in the day, no doubt Zig Zigler pinched from Napoleon Hill. I still keep The Law of Success https://en.wikipedia.org/wiki/The_Law_of_Success I bought back in the '60s in my bookcase.

Again I say, I may be truly unjust to Skate, but there always just seems to be the tiniest whiff of BS here. However, nothing grows so well as having a little BS sprinkled over it!

Continue on Skate, I find this all very entertaining. After all, I am nothing and no one so just ignore me, folks, no harm done!

If my intrusions on your thread become too difficult for you Skate, just let me know and I shall certainly nick-off and not darken your pages. Would hate to upset you or put you off your stride. It is your thread and I respect that.
 
I've read plenty of stupid posts on this forum (some of those posts were my own), but this post of yours takes the cake :rolleyes: Why on earth would you post such a character assassination when you openly admit you haven't read his "threads". Unbelievable!!!

Skate gives more than most on this forum--freely and openly. I'm not sure you even appreciate the idiocy of your statement suggesting he is chasing the holy grail :rolleyes: Have you actually read any of his posts ?

Where do these people come from :eek: Time for me to down a couple of beers so I can really say what I think.
Criticism has happily been taken! :)
 
Again I say, I may be truly unjust to Skate, but there always just seems to be the tiniest whiff of BS here
Sorry again Skate, I know many folks here wear their ego on their sleeves
Continue on Skate, I find this all very entertaining.

@Ann your response was very disappointing to read but at least now we can draw a line under the unwarranted comments & move on.

# This is not what this thread is about.

Offending a member is hard to detect
Anonymity does not give anyone the right to be impolite to others. At times there have been snide remarks made that are "unacceptable" & tend to undermine the friendly atmosphere of any thread, not just this one.

What's more important
This thread gives you the ability to express your views without being "ridiculed or challenged".

We may disagree but at least we don't get personal :xyxthumbs

Ridiculing others serves no purpose
If you disagree with someone rather than argue the merits of their points, post an alternative view, you don't have to belittle members to get your point across. @MovingAverage has already remarked - play the "the point" not the "person".

Skate.
 
A side effect of Covid causes emotions to heat and ego's to swell. This is not directed at any one person, it's spreading like covid accross the forum.
 
So the next step is understanding the difference between NOMINAL and REAL rates. The nominal rate is just the yield, ie. 1.7%. The real rate is the nominal yield less the rate of inflation. So aggregate CPI inflation is +/- 7%, which means that the real rate is 1.7% - 7% = (-5.3%), so a negative yield.

To go to a positive real yield, yields would need to rise to +/- 8%.

My 'feeling' is that if nominal yield rises to 2.5% - 3% (which are still negative in real terms) we'll see a market crash (-15% - 20%) on SPY. Not because yields are showing a positive real yield, but because market participants are warning the Fed that a continued rise in rates will pop the tri-bubble (stonks, bonds, and housing) creating a massive deflation (think 1930's).

Look at the issues over the last 2 days in SPY.

jog on
duc
Apologies for the late reply, ducati. Wow, this is getting really deep, out of my depth. Need an accountant to explain all these, ever so slowly for me to grasp (will grab the accountant at the weekend) Sorry, no reflection on you, ducati. I'm not in finance, so have limited understanding in these matters. Your understanding of the subject is very deep. Thank you for your time in educating me. I'm sure other forum members have learned something on the subject. Have a great weekend..........
 
A side effect of Covid causes emotions to heat and ego's to swell. This is not directed at any one person, it's spreading like covid accross the forum.
Not so sure it's Covid....I just put it down to the usual behavour that comes with retail investors :roflmao: :laugh:
 
One thing I find profoundly helpful is criticism by anyone in any way. I am always grateful as it is something I can build from. Constant fawning and compliments tend to be nice for a feeble ego but not productive for long term improvement.

It is also a wonderful way to shield oneself from feeling slighted or hurt. It is always better to ask what did I do wrong, how am I being misinterpreted? Instead of saying how dare they speak to me like that, I am offended and need to teach them better behaviour.

Talking about books, as I was previously, I can highly recommend another one I have shared with my son called

The Subtle Art of Not Giving a F*ck. It can be highly liberating if one is not already practising this invaluable art! :)
Amazon product ASIN 0062457713
@Ann your response was very disappointing to read but at least now we can draw a line under the unwarranted comments & move on.
Oh yes please Skate, let's do that! :xyxthumbs
 
Ann,I don't like to see you upset.........Ann? Hope you're ok?
I am not in the tiniest way upset but thank you very much for your concern eskys. @MovingAverage or anyone should always feel free to voice their disapproval of anything I say or do. I meant what I said when I accepted the criticism. There was no upset or antagonism. Sadly sometimes the written word doesn't come across the way it was meant, always a problem, particularly on a forum.
Bless, eskys for your kindness.

 
One thing I find profoundly helpful is criticism by anyone in any way. I am always grateful as it is something I can build from. Constant fawning and compliments tend to be nice for a feeble ego but not productive for long term improvement.
Oh really....all you did is come along and said there was a whiff of BS to skate's posts. That is not constructive criticism--why don't you point out exacting one post of skates where you believe he is bullshitting and I mean highlighting serious errors in his system analysis. Go on, just show us one post! I bet you can't because I think the concept of system trading doesn't jell with you so you resort to ridicule. Here is what I reckon--you have no idea what system trading is about do you? I've looked at your contributions to this thread and there is not one single post from you with any substance or insight regarding system trading. As old Bob Hawke famously said--go away you silly old bugger.
 
I am not in the tiniest way upset but thank you very much for your concern eskys. @MovingAverage or anyone should always feel free to voice their disapproval of anything I say or do. I meant what I said when I accepted the criticism. There was no upset or antagonism. Sadly sometimes the written word doesn't come across the way it was meant, always a problem, particularly on a forum.
Bless, eskys for your kindness.

I get a sense that you are a kind person, Ann. Sounds strange saying this not knowing you or met you (as you know I've been here about a fortnight ago or maybe more) This is the problem with social media, posts are often misunderstood or misconstrued. The above post says a lot about you as a person, Ann..........I like that. Have a good rest, and have a great weekend.....give you a hug, xx
 
-why don't you point out exacting one post of skates where you believe he is bullshitting and I mean highlighting serious errors in his system analysis. Go on, just show us one post! I bet you can't because I think the concept of system trading doesn't jell with you so you resort to ridicule. Here is what I reckon--you have no idea what system trading is about do you? I've looked at your contributions to this thread and there is not one single post from you with any substance or insight regarding system trading. As old Bob Hawke famously said--go away you silly old bugger.
I have never called @Skate or anyone a name of any kind including a bullshtr.
I don't need a system, I am able to chart.
I always think backtesting is a total waste of time and pretty much bullsht, as it can be cherry-picked but on this occasion, you ask for a flaw in the system, sure! https://www.aussiestockforums.com/threads/dump-it-here.34425/post-1153470

Now as far as your comment of "go away you silly old bugger." I would not be in the least offended if @Skate told me this as it is his thread, however, until that time I will contribute when and if I feel I can value add. I notice @Skate takes the opportunity to bounce things off other peoples comments on occasions, which can be very interesting and thought-provoking.
 
I always think backtesting is a total waste of time and pretty much bullsht, as it can be cherry-picked but on this occasion, you ask for a flaw in the system, sure! https://www.aussiestockforums.com/threads/dump-it-here.34425/post-1153470
You probably don't realise this but that link you posted up shows without doubt that you are a complete and utter amateur trader. You must be the only person on the planet that thinks an MA is not a lagging indicator--do yourself a favour and look into how it is calculated. Like I said--retail traders, sigh.
 
Come on, we only disagree on using old data in back tests :roflmao:
But we also disagree on the meaning of old ?.
Anyway let's forget the last few posts, this thread is better than that.
Covid imho can be blamed
For the last 3y, people have been brainwashed to fear what is hardly more than a nasty flu strain.as we have had every decade or so
Shaking in their boots they are wearing face nappies in their cars, avoiding hugs and not meeting friends and family.
they have been sacrificing life waiting for a miracle solution sold to them even before it existed: a "vaccine"...
And once it is there welll, you need another shot, and another one and another one
vaccinated or not, people transmit the disease and weak people die so they hate the unjabbed as they represent the proof it is not the answer, and the unjab hate them as they represent the sheeple and the mankind we are all part of and bear and share the cost
Anger hate fear to ease the denial feeling
What a fertile pestilence compost, so road rage suicide social media rage, even in LinkedIn or here.
We can thank our leaders of both side.
I will excuse Ann and others on that base
 
But we also disagree on the meaning of old ?.
Anyway let's forget the last few posts, this thread is better than that.
Covid imho can be blamed
For the last 3y, people have been brainwashed to fear what is hardly more than a nasty flu strain.as we have had every decade or so
Shaking in their boots they are wearing face nappies in their cars, avoiding hugs and not meeting friends and family.
they have been sacrificing life waiting for a miracle solution sold to them even before it existed: a "vaccine"...
And once it is there welll, you need another shot, and another one and another one
vaccinated or not, people transmit the disease and weak people die so they hate the unjabbed as they represent the proof it is not the answer, and the unjab hate them as they represent the sheeple and the mankind we are all part of and bear and share the cost
Anger hate fear to ease the denial feeling
What a fertile pestilence compost, so road rage suicide social media rage, even in LinkedIn or here.
We can thank our leaders of both side.
I will excuse Ann and others on that base
All wise words Frog--and agree this thread is above that. But as for your last sentence...there is no data to suggest Covid induces stupidity :roflmao:
 
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